Offseason

January 7, 1992:
Amalio Carreño was signed as a Free Agent with the Baltimore Orioles.[2]

Regular season

The Orioles spent most of the first three months of the season battling with the
Toronto Blue Jays for first place in the division. The lead switched back and forth between the two teams before the Jays took it for good on June 20. Baltimore remained in second place for the next two months, with the margin between themselves and Toronto fluctuating from between one and five games. However, the Birds faded during the September stretch and relinquished second place to the
Milwaukee Brewers on September 19. Still, they were not mathematically eliminated from contention until September 27, finishing at a respectable 89-73.

In 1992,
Mike Mussina played his first full season with the Orioles. Mussina finished with an 18-5 record and a 2.54
ERA in 241 innings. His .783 win-loss percentage was the best in the American League, and his 1.79
BB/9 was second best behind
Chris Bosio.

Oriole Park at Camden Yards

In 1992, with grand ceremony, the Orioles began their season in a brand new ballpark,
Oriole Park at Camden Yards, and thus retiring
Memorial Stadium in the major league baseball world. The ballpark was an instant success; however, the name of the new park had controversy. Many felt that since the Orioles' new home was so close to
Babe Ruth's birthplace that the new park should have been named after Ruth instead of being indirectly named after the
Earl of Camden, Charles Pratt, who was a Briton who never set foot on American soil. There was also the superficial connection to the fact that Ruth played for the Orioles early in his career, but the Orioles team that Ruth played for was in no way related to the Orioles team that moved to Baltimore from St. Louis. Camden Yards was built at the location of the old Camden Railway. It was the first of the "retro" major league ballparks constructed during the 1990s and early 2000s, and remains one of the most highly praised.[3]